Monmouth County Property Distribution

Taking Decisive Action in Property Distribution Matters

When you choose our Monmouth County divorce attorneys at the Law Office
of Steven P. Monaghan, LLC to resolve your divorce and address asset division,
you will have the power of a certified marriage attorney on your side.
Founder Steven Monaghan is certified by the Supreme Court of New Jersey
as a matrimonial law attorney. This is a special designation granted only
to those who fully understand the nuances of family law.

Understanding How Property Is Divided in New Jersey

Property falls into two categories: separate property and marital property.

Property that a spouse owns prior to the marriage is separate property,
provided it has not been co-mingled with marital property. Inheritances
received during the marriage are also considered separate property.

The vast majority of assets accumulated during the marriage are considered
marital property and subject to the rules of equitable distribution.

Equitable distribution means fair distribution, but not necessarily equal
distribution. In some cases, assets may be divided in half. In others,
a different balance may be reached.

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.

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